May Economic Report

[Noman2024]

In the hope that voters will evaluate the Trump administration based on actual facts when the mid-term elections occur in 2026, rather than PR spins and fabrications, here are the most recent actual key economic statistics that should be of interest to middle class workers

New Unemployment claims:
1/20/25 +201,000
2/23/25 +213,000
3/31/25 +219,000 Total Claims 1.9 million
4/30/25 +241,000 Total Claims 1.92 million
6/12/25 +248,000
First Quarter Gross Domestic Product: -0.3%
Unemployment rate:
1/25 4.1%
2/25 4.0%
3/25 4.2%
4/25 4.2%
4/25 4.3%
CPI (annual): These reflect the prior month’s prices
1/25 +2.9%
2/25 +3%
3/25 +3.1%
4/25 +2.4%
5/25 +2.4%
Gas (nat. ave.)
1/25 $3.09
2/25 $3.07
3/25 $3.17
4/25 $3.19
5/25 $3.16
Diesel (nat. ave.)
1/25 $3.60
2/25 $3.63
3/25 $3.68
4/25 $3.76
5/25 $3.45
New Jobs
12/24 +256,000
1/25 +143,000
2/25 +140,000
3/25 +228,000
4/25 +177,000*
5/25 +139,000
Average hrly earnings (annual)
2024 +3.9%
Eggs (nat. ave.)
1/25 $3.37
2/25 $4.95
3/25 $4.90
4/25 $4.65
5/25 $4.30
*March new hires figures were revised downward by 95,000
DOL reports the loss of 8,000 manufacturing jobs in May.
Our Taxes Pay for This?
The estimated cost to prepare the “free” plane for use as a presidential jet is estimated at $1.5 billion. If they started today, it wouldn’t be ready until 2028, just in time to give to Trump as a severance gift. Apparently, he already has a gold watch for his lifetime of public service and sacrifice.

[Thisischange?]

8,000 manufacturing jobs lost. The tariffs are really working! I guess those 8,000 can go to work in the fields as they round up undocumented workers. I'm sure the pay is great.

[Yard Dog]

Gas is $2.99 a gallon and I made 19k on my investments in the last week. That's phony

[JWebb]

Gas is $2.99 a gallon and I made 19k on my investments in the last week. That's phony

It clearly said Nat. Ave.